June S&P E-mini Futures: Today's range estimate is 1309-1320. The low at 1249 in the cash (1241.25 in June ES) ended the drop from the February top. The market is now headed for 1400 and above.
QQQ: I expect to see new bull market highs soon.
TYX (thirty year bond yield): The 30 year bond yield is on its way to 5.40%.
TNX (ten year note yield): The 10 year yield is headed for 4.50%.
Euro-US Dollar: I think the euro will move up to 145.00.
Dollar-Yen: I think 83.50 is the upside potential. After that the drop to 70.00 should resume.
May Crude: Crude will continue upward to 112. Support is at 97.
GLD – April Gold: A move to new highs is underway. 1495 is the next upside target.
SLV - May Silver: Silver has reached the 36.00 upside target but there is still no sign of a top. Next stop is 39.50.
Google: The 540 level is support. A move that should take GOOG above 700 is underway.
Apple: Next upside target is 375. Support is at 310.